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Bullish Moving Average Cross by American Water W (AWK)

By Nick Russo

Today, shares of American Water W (NYSE:AWK) have crossed bullishly above their 10-day moving average of $116.51 on a volume of 139K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

American Water W share prices have moved between a 52-week high of $141.70 and a 52-week low of $92.00 and are now trading 31% above that low price at $120.54 per share. The 200-day and 50-day moving averages have moved 0.01% higher and 1.1% lower over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in American Water W. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of American Water W in search of a potential trend change.

Keywords: moving crosses american water w

Ticker(s): AWK